Sainsbury family set to beat investor revolt

Supermarket chain Sainsbury’s looks set to avoid an embarrassing defeat at its annual general meeting tomorrow following the intervention of the Sainsbury family.

Sainsbury family set to beat investor revolt
Sun, 11 Jul, 2004 - 16:18

Supermarket chain Sainsbury’s looks set to avoid an embarrassing defeat at its annual general meeting tomorrow following the intervention of the Sainsbury family.

The group is facing an investor revolt over a £2.4m share award it had planned to give its former chairman Sir Peter Davis.

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